Ouster, Inc. (NYSE:OUST – Get Free Report) CTO Mark Frichtl sold 40,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $35.00, for a total transaction of $1,400,000.00. Following the transaction, the chief technology officer owned 628,638 shares of the company’s stock, valued at approximately $22,002,330. The trade was a 5.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Mark Frichtl also recently made the following trade(s):
- On Wednesday, May 13th, Mark Frichtl sold 136,434 shares of Ouster stock. The stock was sold at an average price of $32.56, for a total transaction of $4,442,291.04.
- On Friday, May 15th, Mark Frichtl sold 4,316 shares of Ouster stock. The stock was sold at an average price of $36.00, for a total transaction of $155,376.00.
- On Tuesday, May 5th, Mark Frichtl sold 13,451 shares of Ouster stock. The stock was sold at an average price of $30.00, for a total transaction of $403,530.00.
- On Monday, May 4th, Mark Frichtl sold 21,149 shares of Ouster stock. The shares were sold at an average price of $30.13, for a total transaction of $637,219.37.
- On Wednesday, April 22nd, Mark Frichtl sold 400 shares of Ouster stock. The shares were sold at an average price of $30.00, for a total transaction of $12,000.00.
- On Monday, April 20th, Mark Frichtl sold 60,000 shares of Ouster stock. The shares were sold at an average price of $26.58, for a total transaction of $1,594,800.00.
- On Friday, April 17th, Mark Frichtl sold 30,000 shares of Ouster stock. The shares were sold at an average price of $25.15, for a total transaction of $754,500.00.
- On Wednesday, April 15th, Mark Frichtl sold 20,000 shares of Ouster stock. The shares were sold at an average price of $24.00, for a total transaction of $480,000.00.
- On Tuesday, April 14th, Mark Frichtl sold 40,000 shares of Ouster stock. The shares were sold at an average price of $22.76, for a total transaction of $910,400.00.
- On Wednesday, March 25th, Mark Frichtl sold 40,000 shares of Ouster stock. The shares were sold at an average price of $20.94, for a total transaction of $837,600.00.
Ouster Price Performance
NYSE OUST opened at $34.86 on Monday. Ouster, Inc. has a 1 year low of $9.77 and a 1 year high of $41.65. The company has a market capitalization of $2.19 billion, a PE ratio of -13.56 and a beta of 3.06. The company has a fifty day moving average of $23.50 and a two-hundred day moving average of $23.33.
Institutional Investors Weigh In On Ouster
Analysts Set New Price Targets
Several research firms have issued reports on OUST. Rosenblatt Securities restated a “buy” rating and issued a $40.00 price objective on shares of Ouster in a research note on Tuesday, March 3rd. Cantor Fitzgerald downgraded shares of Ouster from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 7th. Finally, Oppenheimer restated an “outperform” rating and issued a $40.00 price objective on shares of Ouster in a research note on Tuesday, March 3rd. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $40.20.
View Our Latest Stock Analysis on OUST
About Ouster
Ouster, Inc is a leading provider of high-resolution digital lidar sensors, software and services designed to enable advanced perception capabilities across a range of industries. Headquartered in San Francisco, California, the company develops modular lidar solutions that capture precise three-dimensional data in real time, supporting applications from autonomous vehicles and robotics to mapping, smart infrastructure and industrial automation.
The company’s core product lineup features multi-beam digital lidar units available in various form factors, including compact models for robotics and drones and larger units for automotive and mapping systems.
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